ALL Market Update
14 Jul 2026 • 00:42 GMT
The Albanian Lek remains stable against the US dollar at around 0.01215, just below its three-month average. Over the past week, the ALL to USD exchange rate has held within a narrow range of approximately 3.1%, reflecting limited volatility. Strengthening factors include increased tourism inflows and a solid fiscal surplus that has reduced domestic currency supply. Additionally, the Bank of Albania's recent intervention through foreign currency purchases to prevent excessive appreciation has supported the Lek. Despite a modest interest rate cut from 2.75% to 2.5%, the impact on the currency remains limited as monetary policy signals are being carefully balanced.
Meanwhile, the Lek has shown strength against other major currencies, trading just above its three-month averages against the euro and the Japanese yen, with notable rises of around 1.3% and 1.2% respectively. Stability is evident across most pairs, with the currency trading within narrow ranges, indicating consolidated movements amid mixed global signals. Overall, the Lek's current performance reflects a stable domestic environment combined with external factors that continue to support the currency in the near term.